In the precariousness of Web3 open-source code, iterative development and move fast ethos, things break. And through breaking, things are also made. A new project allows anyone to create a copy of someone elses NFT, aptly named Mimics.
But how does Mimics work, and what does it mean for the NFT art market to have a new variety of fakes? And will it result in token standards being upgraded and improved?
Artists impression of how Mimics works with CryptoPunks and Bored Apes.
Stealing your NFTs
The tokenUri NFT metadata. Source: CoinmonksJoni Pirovich on LinkedIn.
Into the code
Mimicologists Guide docs.OpenSea Contract Address
What does this mean?
Bored Ape Yacht Club auction on the OpenSea NFT marketplace. Source: OpenSea
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Setting a standard:
Mooncat #24916: MrFahrenheit.eth Source: OpenSeaTool to search registered ENS names by @BokkyPoobah.
Thailands crypto islands: Working in paradise, Part 1
June 8, 2022
You can now clone NFTs as Mimics: Heres what that means
May 31, 2022
Crypto is changing how humanitarian agencies deliver aid and services
May 25, 2022
Bitcoin 2022 Will the real maximalists please stand up?
May 11, 2022
Blockchain games take on the mainstream: Heres how they can win
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